Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bybit against Nado−0.019%7-day average −0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$720.724% of the position

Long on Nado Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.005%$0 on $10k

Price spread, last 4 days (all we have)−0.467%−$47 · spread now −0.019%, 7d avg −0.078%

Together, before fees−0.472%+ Points / potential airdropNado: Active · farm board−$47 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.059% dearer against Nado than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.078%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado VVV-PERP	31.103	0.0100	pay 0.0012% / 1h	9m 30s	$143K	$842K	3x
Short	Bybit VVVUSDT	31.098	0.0100	get 0.0050% / 4h	1h 09m	$38.2M	$45.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee BybitbpOrdersPrice spread, now −0.019%Rate

Funding earned: $0
Price spread: −0.019% → −0.078%: $5.89
Slippage, 4 orders: −$54.39
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$66.5
Costs to cover: 0.724%
Break-even: 6832300080154953.0 days

Slippage from Nado: live order book, 54 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Nado live order book, 54 min ago	5.43 bp	10.3 bp −$10	34.9 bp −$349	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	0.32 bp	19.1 bp −$19	54.6 bp −$546	doesn't fit	doesn't fit

VVV on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx VVV/USDC	−0.0152%	1h	31.084	−0.064%	$381K	$642K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.131	+0.087%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.112	+0.027%	$23K	—	150x	as long as short
Gate VVV_USDT	+0.0004%	4h	31.092	−0.037%	$10.4M	$6.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.519%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0072%	1h	31.086	−0.056%	$130K	$1.2M	3x	as long as short
Lighter VVV	+0.0096%	1h	31.105	+0.005%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.099	−0.014%	$460K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.104	+0.001%	$3K	$73	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	31.103	long leg	$143K	$842K	3x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.115	+0.037%	$71.4M	$50.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.118	+0.046%	$250K	$1.2M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.127	+0.074%	$184K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.110	+0.021%	$33.0M	$137.4M	25x	as long as short
Bybit VVVUSDTshort	+0.0100%	4h	31.098	−0.019%	$38.2M	$45.3M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.100	−0.011%	$4.7M	$36.2M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.114	+0.034%	$6.4M	$6.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.126	+0.072%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.103	−0.002%	$5.7M	$7.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.118	+0.047%	—	$5.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.125	+0.069%	$2.0M	$236K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.126	+0.073%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.178	+0.240%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0104%	4h	31.175	+0.231%	$77K	$333K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.092	−0.036%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.141	+0.121%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0130%	4h	31.202	+0.317%	$1.2M	$1.7M	25x	as long as short
01 Exchange VVVUSD	+0.0144%	1h	31.099	−0.014%	$11K	$3K	3x	as long as short
Phoenix VVV	+0.0153%	1h	31.198	+0.304%	$37K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.655	+1.775%	$145K	$1.2M	25x	as long as short
Kalshi KXVVVPERP	+0.0172%	8h	31.190	+0.278%	$99K	$5.9M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.124	+0.067%	$562K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0335%	1h	31.165	+0.197%	$123K	$285K	5x	as long as short